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vivado [14]
3 years ago
7

Which of the following statements about the W-4 form is TRUE? (Select all that apply) This form is given to employees on their f

irst day on the job. The purpose of the form is to let employers know how much money to withhold from an employee's paycheck for taxes. The purpose of the form is to provide employees with reported wage and salary information. This form is given to employees every January
Business
1 answer:
Otrada [13]3 years ago
4 0

Answer:

given first day of job

let employers know how much to withhold

Explanation:

does NOT provide reported wages

is NOT given every January

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LeCompte Corp. has $312,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $620
Gnom [1K]

Answer:

LeCompte Corp.

The profit margin that LeCompte Corp. would need in order to achieve the 15% ROE, holding everything else constant is:

A) 7.57%.

Explanation:

a) Data and Calculations:

Assets = $312,900

Common Equity = Assets = $312,900

Sales for the last year = $620,000

Net income after taxes = $24,655

Expected return on equity (ROE) = 15%

ROE (in amount) =  $312,900 * 15% = $46,935

Profit margin = Returns on Equity/ Sales * 100

= $46,935/$620,000 * 100

= 7.57%

b) The expected returns on equity in dollars is equal to the net income.  Therefore, we can use the ROE to calculate the profit margin.  The profit margin expresses the relationship between sales and profit.  It shows the profit made from each dollar sales.

4 0
2 years ago
Which phase of the new product development process involves identifying the target​ market, estimating its​ size, and determinin
Mkey [24]

Answer: Marketing strategy development

Explanation:

Marketing strategy development is essential to develop a brand. Strong marketing strategies are vital for industry dominance. A marketing strategy is more than just advertising the product. A connection, display of need of the good and its value is essential to get the right audience.

Marketing strategies provides small business with direction essential for effective promotion.

Marketing strategies is different for businesses, the main thing is tailoring it to what the company needs. Marketing strategy should involve a set of clear goals, and consumer research.

6 0
3 years ago
A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choos
Mrac [35]

Answer:

C) By lowering the price of the flower arrangements to increase demand.

Explanation:

According to the law of demand, the lower the prices, the higher the quantity demanded and the higher the price ,the lower the quantity demanded.

When prices are reduced, demand increases, revenue increases and net profit increases.

I hope my answer helps you.

7 0
3 years ago
Mike Hansen has adjusted gross income of $28,350. During the year, Mike decided he needed a larger home. He purchased a home on
storchak [24]

Answer:

<u>$0 (None)</u>

Explanation:

Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.

However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>

6 0
3 years ago
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
k0ka [10]
5 per 1000 because 15-10 is five
3 0
3 years ago
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